Problem 3 (10 Points) Nicholas Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Analysis Sales- Actual Flexible Flexible Volume Static Results Variances Budget Variances Budget Units Sold 112,500 Revenues $42,080 Variable Costs (C) Fixed Costs $8,280 Operating Income $17,740 112,500 $1,000 F (A) $1,400 U $200 U $15,860 $2,340 F $860 F $9,140 (D) $16,080 103,125 (B) $18,200 $9,140 (E) $15,140 Required: a. What are the respective flexible-budget revenues (A)? b. What are the static-budget revenues (B)? c. What are the actual variable costs (C)? d. What is the total flexible-budget variance (D)? e. What is the total sales-volume variance (E)? f. What is the total static-budget variance?